The gross investment in the Steam and Air Conditioning Supply Sector in Norway for 2024 is forecasted at 673.8 million NOK. This represents a decrease of approximately 10.1% from 2023.
The forecast shows a consistent downward trend in the coming years:
-2025: 605.4 million NOK (-10.1% year-on-year)
-2026: 537.7 million NOK (-11.2% year-on-year)
-2027: 470.7 million NOK (-12.5% year-on-year)
-2028: 404.5 million NOK (-14.1% year-on-year)
Over the last five years, the compound annual growth rate (CAGR) indicates an average annual decline of 11.6% in gross investments.
Future trends to watch for include the impact of technological advancements on operational efficiencies, and the influence of regulations aimed at reducing carbon emissions, which could either spur innovation-driven investments or further dampen the sector's growth.
